Member Info for shal1000

After many days of turmoil there was a glimmer of hope - that's why. To put things in perspective here some positive facts:

1. oil price rise 4%, hbr price rise 8.5%;
2. Bp/shell rose 3.5%;
3. The likes of tullow etc rose 6%;
4. DBNO stupid predictions failed him 3 times today lol.

The outperformance showed that sentiment towards hbr is changing and we hopefully riding out of the nasty storm.

Deebee the laughing stock of hbr board. Give up mate.

That would be awesome

I thought eia report will push oil down a bit but its done the opposite. Again DBNO keep your predictions to yourself.

I think the capex confirmation gave some confidence in management's ability to keep within forecasted budget. Knowing that capex is 1.1b its easier to analyse fundamentals and what the ebitda could be be with more certainty.

And guess what he is wrong. Its 326 so much for the resistance

DBNO you also said this this morning

i'll take that back about 310p maybe becomming support. lucky if 200p holds after that update.

So fickle lol

That's a good point raised about capex. They wouldn't have mentioned that if they were not going to be meet their cost budget - I think that was a good bit of news as I think without that piece of info we probably been stuck at 284.

Mike I think long term you did a wise thing. I've ran off money to invest anymore and my break even is 392. Yesterday's post from soder made alot of sense given he was a market maker. I feel the very lows off today maybe to bring in some proper investors and then it shot very fast. The gap between BP and hbr was more than 8% and now its 3.5% that shows we are at the mercy of market makers. When proper results come out there will be a rerate big time. Again please wait till April next year and be patient you will be rewarded GLA. Also I've been saying alot that Linda cooks interest is for share price to rise more than ftse 100 as alot is at stake for her! She isn't daft far from it.

Like I said in my thread below the impact at worst is 0.5%. The fall in price is what soder said yesterday that market makers likely to push out the weaklings by pricing it very low. I'm in no hurry to sell off. I also said that the board of directors don't want a bad return because they won't get their 600k shares in 2 years time which is alot of money.

Soder just to be clear 100m Fcf is per month and not per year?

Let's hope so else the price will fall more. But mathematically speaking when valuing a business say at a discount rate of 10%, delaying 5 months of output brings the impact to 4% and then its only 10% of total output the overall impact should be no more than 0.5% but we are seeing far worse declines than suggested by facts. I do have a concern that all the outages and planned/unplanned maintences this year have cost hbr a fortune which hasn't been reported.

I'd say wait till next April then things will be better. Why - all shares out in the open, full market capital value will allow it to join ftse 250 at least giving the company some respect in the eyes of institutional investors and be part of ftse 250 funds, full year results out in the open with more clarity how the company is run by the board, debt to be reduced to $1.7b by then and debt ratio reduced, tulmount will be in production raising even more Fcf, covid will be less of an issue as more people vaccinated around the world so demand will match the extra opec supplies that will be released then, oil price should be steady around 75 dollar in the long term benefiting e&p sector. There is a prob that all these won't work but the probs are low.

Nice one

Nice Post soder. I'm also confident because the fundamentals are strong which ever way I look at it. I done so many calculations on so many set of assumptions and the worst I get is £4.50p - all the fundamentals are shouting at around £10 if not more and a year ago pmo got to 60p (£12). Can you provide any insight as a market maker why share price is doing worse than its peers - can market makers manipulate the prices beyond supply/demand and fundamentals?

I'm more than certain come next April the share price will be over 3.92 which is my average now!

DBNO. For once you shown a bit of optism saying we found a support good times to come. Also Dow picking up is irrelevant as skewed by 30 firms which isn't even by market capitalisation. Nasdaq 100 is usually a better way to judge the US stockmorket or even the sp500. Even they have shown good recovery today. Sadly oil companies don't drive much of the major US indexes like the FTSE 100 where we have 2 mega oils in BP and shell.

Again DBNO goes wrong again. Said 310 is the resistance and it broke through to 311 as we speak. The joker just gonna get ridiculed everyday for his stupid predictions.

NOFEAR why the first week of October? When do hy results come out - do you have a date?

Hey NOFEAR I wouldn't take notice of cloudguy - seems like he has got some old grudge. You and soder do useful posts and not biased like others. It'll be nice if we finished over 312p today and might mean we have bottomed out. Also if we have more buy vols than sell vols why is price down today also. Surely that's market manipulation?

There is definetly market manipulation going on, which needs to be investigated. I'm sure BoD don't want this either as their share award will be in jeopardy. They got another 29 months to make a big difference.

What ta. Its going up and brent is nearly back to 70 lol. You talk so much s***.